The Greek crisis is shaking the IMF to its core

BBC World News

Jamie Robertson
July 15, 2015

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The Greek crisis, having shaken the eurozone to its core, is likely to have a similar seismic effect on another massive institution, the IMF.

The International Monetary Fund's exposure is small compared with the Eurozone.

In the 2010 bailout it paid out over €20.7bn and in the following 2012 rescue it contributed €11.6bn

The real threat is to its credibility as the world's biggest multinational lender.

It is a story of conflict with Europe - and with itself.

Chief economist Olivier Blanchard told the BBC a few days later that the IMF had been privately urging the European creditors for …

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